Union Petroleum Minister Dharmendra Pradhan informed the Rajya Sabha on Wednesday that the prices of petroleum products in the country are governed by international market forces. The reply from Pradhan came during the Question Hour. Congress member KC Venugopal had objected to the Minister’s response, saying that he was not putting forth the facts properly. […]
Day: February 10, 2021
NTPC JV NSPCL awarded routine maintenance work on nomination basis, ignoring CVC norms: CAG
State-run power giant NTPC’s joint venture NTPC SAIL Power Company had extended an undue favour to a private party by awarding routine maintenance work worth Rs 129.76 crore on nomination basis, ignoring Central Vigilance Commission (CVC) guidelines, government auditor CAG said. The work was awarded during 2013-14 to 2018-19, the Comptroller and Auditor General of […]
Gujarat Gas m-cap crosses Rs 30,000 crore
With its stock price rallying on strong financial performance, the market capitalization of the state-run Gujarat Gas Limited (GGL) crossed Rs 30,000 crore mark on Tuesday. The city gas distribution major now has m-cap more than the combined market capitalization of all other Gujarat government-owned listed companies. The company’s market cap surged to Rs 31,769 […]
Cairn CEO says wants to meet FM Sitharaman on arbitration award next week
Cairn Energy Plc CEO Simon Thomson has said he expects to meet Finance Minister Nirmala Sitharaman next week in an attempt to get India to swiftly honour a USD 1.4 billion tax verdict. Last month, the Edinburg-based firm had written to the government saying it would be forced to seize Indian government assets if New […]
Britain to reconsider controversial coal mine project
British authorities announced Tuesday that they will review plans for a controversial new deep coal mine in northwest England to assess its environmental impact more accurately. The coastal project, whose developer is Australian-owned West Cumbria Mining, would be located near the town of Whitehaven and supply European and UK steelmakers with metallurgical coal. Cumbria County […]
Aviation infra boost! Kolkata Airport developing new ATC tower with upgraded tech
Kolkata Airport: The Netaji Subhash Chandra Bose International Airport in Kolkata has started building a new air traffic control (ATC) tower as well as a technical block with upgraded technology and enhanced capacity. This construction project will cost an estimated amount of Rs 458 crore, the Airports Authority of India said on Tuesday. The Airports […]
93 NTPC workers missing in Uttarakhand glacier burst incident
Union Minister of Power and New and Renewable Energy, RK Singh on Tuesday said that 93 workers of National Thermal Power Corporation (NTPC) Limited are missing, while 39 are still stuck in the Tapovan tunnel in the Uttarakhand glacier burst incident. “93 NTPC workers are missing, 39 still stuck in the tunnel, we are trying […]
Rescue operation to locate 25-35 workers trapped inside Tapovan tunnel continues
DEHRADUN: Defying odds, a joint rescue team of security personnel on Wednesday continued its struggle to penetrate deeper through tonnes of silt inside the Tapovan tunnel to reach out to 25-35 people trapped inside it following the glacier disaster in Chamoli district of Uttarakhand. The rescue operation at the NTPC hydel project site, which bore […]
Kadamakudy residents still await bridges promised almost 10 years ago
KOCHI: Poor road connectivity is making life difficult for residents of Kadamakudy panchayat. Though the Pizhala – Moolampilly bridge built by Goshree Islands Development Authority (GIDA) came up last year, the construction of bridges from Kothad to Chennur, Chariyamthuruthu ward to Chennur and Chennur to Pizhala ward are yet to begin. According to residents, the […]
Ulundurpet airfield to become a droneport?
CHENNAI: Ulundurpet Airfield which operated as a British Airbase during the World War II, might soon be converted to an Unmanned Aircraft System (UAS) Test and Training Range for civil and military purpose. A study was conducted by the Tamil Nadu Industrial Development Corporation (TIDCO) along with IIT Madras for converting the unmanned airstrip into […]
India to overtake EU as world’s third largest energy consumer by 2030: IEA
India will overtake the European Union as the world’s third-largest energy consumer by 2030, the International Energy Agency (IEA) said on Tuesday as it forecast India accounting for the biggest share of energy demand growth over the next two decades. In its India Energy Outlook 2021, IEA saw primary energy consumption almost doubling to 1,123 […]
BPCL’s Oman Oil stake buy in BORL in 10 days; Numaligarh Refinery stake sale by March 31
NEW DELHI: Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) will buy out Oman Oil Company’s shares in Bina refinery project in the next 10 days, and is hoping to complete a separate sale of its stake in Numaligarh Refinery by the next month-end, its director-finance said on Tuesday. BPCL holds a 63.68 per cent stake in […]